Working Papers

The Effect of Electricity Price Changes on Manufacturing Investment  (JMP)

Too Many Tax Credits? The Effect of Using Non-Refundable Tax Credits to Subsidize Wind Energy

 
Work in Progress

Explaining the Dominance of Independent Power Producers in Renewable Energy

Most wind and solar generation in the US is built by independent power producers (IPPs).  At first glance, this is puzzling because investor owned utilities (IOUs) have lower borrowing costs.  I investigate the potential causes of this pattern, including an accounting rule know as normalization that disadvantages IOUs. [back]

EIA data

Policy Uncertainty and Investment in Wind Energy (with Chenyu Yang)

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